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Jeff. I have attended almost all Bulls games this season & the one thing that has stood out for me has been the way fans of other clubs have come up to us & wished us well. Genuine RL fans can recognise this problem was caused by people no longer connected to the club. There's a few people who hate the club. Some prob aren't even RL fans. If you are, please state which club so we can examine them
Is this a blog about rugby league and those who play it and watch it, or about the rigours of the market?I like rugby league. As for the market, it is usually rigged and unfair to ordinary people. Jeff Harris likes the market more than rugby league. He's entitled to that view. But I prefer a solution, where more ordinary people can enjoy the game. RFL have delivered that. Good for once.
We should not worry about them, just go in to Admin and you will still keep your license, the precedent has been set.Overspend its ok, we will back you.
The Bulls sold 10,000 season tickets at an average of £100 each (£1m) average crowds were 12,500, matchday income is £40,000x13 games(£0.5m) Other income comes from Merchandise sales & sponsorship. Would be interested to know how the other clubs survive when their average crowds are very low. These are the clubs we should be worried about not Bulls who have new owners & a great support base
Think the question is how many other clubs actually break even on the football operation.The cost of running a SL club is approx £4m per year.Only Leeds & Wigan reach this without outside investment.The others are all loss making, but someone bails them out. The Bulls are prob nearer to the break even figure than most clubs. They are def nearer this figure than any championship club would be
jeff harris. The only money the RFL supplied in the last few months was the Bulls share of the Sky money. Each club is given its £1.25m in monthly installments, roughly about £100,000 per month. The administrator did ask the RFL to pay the Bulls their money before the usual payment day in August so he could pay the wages, but it was only money the Bulls were entitled to as part of the Sky deal.
OK Bulls Ltd bought Bradford Holdings Ltd. There wasnt any real assets other than the Coral stand.Bradford Council own the land. The RFL own the lease on the land. As regards creditors the main one is HMIT ,then Tong School ,who own the training facilities.I presume some deal will be done here in order to carry on training there. a catering co is owed £14,000.Don't know how much will be paid back
Bradfordbronco: Thanks for some informed input! Have the new owners bought the company that owned Bradford Bulls, complete with its liabilities, or only the club's assets? Will the previously accrued debts be honoured in full, or is the Administrator selectively selling off assets to return as much as possible to the creditors, but probably not 100 pence per pound of debt?
Most people have commented on the fairness (or otherwise). But what about the practicality of promoting a Championship candidates at short notice. Unlike Scottish football, there is a bigger gap between the bottom of the Superleague and the top of the Championship. I'd have liked to see the RFL pull out all the stops to help a promoted club, and let Bradford go the same way as Rangers...
The RFL stepped in to prevent the Bulls going into liquidation - there is no doubt about that. To me it seems the only people on this thread who can justify this decision are Bulls supporters. Try listening to the views of people outside the sport who can look at this with some objectIvity - from what I can see its unanimous condemnation.
What is this nonsense about 'vested interests' and 'loss of integrity?' RFL want people to play and watch rugby league. In Bradford 10,000 turn up to watch Bulls every home game. They deserve a super league club. Where else is there such a support base? Wigan, Leeds, Hull and Warrington only. Anyway this is not 1964, when a new club was welcomed. This is a continuing club. Keep on!
The RFL had so supply money to pay the staff for the last two months ,so Bradford where very much insolvent.I am glad somebody has bought Bradford, but the point is that Super League is a closed shop for most of the teams.If Bradford ,who have overspent to the extent they have no ground and still retain Super League status then what is the point of the salary cap and financial competence.
Why should the new board be punished for the failings of the previous board. There wasn't another club willing to enter SL next season so good luck to Bulls & their fans who have been superb throughout all this. Can all the clubs who aren't in debt by £1.25m (Leeds & Wigan) please step forward and throw the 1st stone.The rest of you just shut up & be glad someone is bailing you out!
Lets compare the situation to Rangers. They had debts of over £60m and were LIQUIDATED. A new club was formed and had to start from the bottom. The Bulls had debts of £1.25m when Caisley decided to put them into admin for his own benefit. His plan backfired, Mr Khan bought the club(And the existing debt) Out of ADMINISTRATION. It was a takeover NOT a new club starting again.
Agreed Jeff Harris, the game has lost any integrity it had left. The RFL always puts vested interests ahead of doing the right thing - to the extent of breaking their own rules. Jeff Barlow, the loss of a thousand or so supporters in one home game is not going to impact on the finances of Wigan and Saints. Why would Wigan's sponsors care if they play Bradford or not ?
I think Scottish Football have shown courage in sending one of Worlds biggest Football Clubs down to the Scottish 3rd despite the fact it has cost the game revenue.The Clubs voted to retain the Competitions integrity rather than sell it.Rugby League has done the opposite and taken the view some Clubs are more equal than others and too big to fail.
Football...courage?! Ha! That's a good one! Very funny.
@ 70. Understand your point, but it only proves the competition -which is based on issuing licenses which cover financial competence- has lost all its integrity.It gives open season all Clubs on the brink to go into admin without fear of being kicked off the gravy train.Bradford should have demoted.The courage shown by Scottish Football in dealing with Rangers , should have been applied by RL.
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